Google Cloud Collaborate to bring Blockchain Solutions to the Cloud

Google plans to bring blockchain platform and developer tools from Digital Asset to its Google Cloud Platform (GCP), according to the announcement at the Digital Asset blog post. It will help developers using Google Cloud Platform to access a comprehensive suite of tools and services to build, test and deploy distributed ledger applications on-demand. It will free up developers from worrying about how to configure the underlying platform.

Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP) collectively account for well over 60% in global public cloud market with Google Cloud Platform (GCP) ranking at third place, according to a survey report.

Digital Asset is a New York-based startup and leading provider of distributed ledger solutions including fit for purpose smart contract modeling language, called Digital Asset Modeling Language (DAML). Australian Securities Exchange (ASX) had announced its plan to replace its post-trade infrastructure for cash equities with Digital Asset technology in 2017.

Google is working on in-house blockchain technology to support is cloud business according to a Bloomberg report.
CEO of Digital Asset, Blythe Masters, said “We’re partnering with Google Cloud to provide developers with a full stack solution so they can unleash the potential for web-paced innovation in the blockchain. This will reduce the technical barriers to DLT application development by delivering our advanced distributed ledger platform and modelling language to Google Cloud.”

Google Cloud joined the private beta of Digital Asset’s developer program. It includes a group of technology partners, software vendors, and global financial institutions. The beta program provides them with access to the Software Development Kit (SDK) for DAML, the Digital Asset Modeling Language. Solution Architects across Google now have access to the DAML SDK Developer Preview to explore blockchain applications with their clients, says the announcement.

DAML is a powerful, intuitive smart contract language designed specifically for use in Distributed Ledger Technology (DLT) applications that align business processes across organizations. It simplifies the task of writing smart contracts by treating agreements and the parties to them as native constructs and hiding ledger details from the developer and contains guardrails to protect against delivering contracts that can produce unpredictable results.

Head of Financial Services Platform at Google Cloud, Leonard Law, said, “We are delighted to innovate with Digital Asset in the distributed ledger space. DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud.”

Digital Asset will be speaking at Google Cloud Next and Leadership Circle events in San Francisco on July 24. Google Cloud will host developer conferences for DAML in New York and London.

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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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